Exxon Confirms Significant Reserves at Cyprus Gas Discovery ...Middle East

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Exxon Confirms Significant Reserves at Cyprus Gas Discovery
Exxon has estimated the size of a natural gas discovery off the coast of Cyprus at between 8 and 9 trillion cubic feet, local media has reported, citing a meeting between the supermajor and the president of the island nation. “Based on preliminary data, combined with the existing ‘Glafkos’ field, [Pegasus] reserves are estimated at 8 to 9 trillion cubic feet. These are very positive findings and encouraging messages from ExxonMobil,” Cypriot government spokesman Konstantinos Letympiotis said, as quoted by Greek City Times.…

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